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Canada’s Aurora Cannabis Jumps into U.S., Buying a CBD Product Maker

Investors have been impatient for Aurora to find its way into the U.S. market.

Photograph by Matteo Paganelli

Before deep losses unseatedAurora Cannabis from the head of Canada’s pot pack, investors were impatient for the company to find its way into the U.S. market. Now the company has found a thrifty entry ticket.

Wednesday evening, Aurora announced a deal to acquire Reliva, an American producer of lotions and nutritional supplements that contain CBD—a soothing, but nonintoxicating ingredient derived from hemp, a variety of cannabis that the U.S. Congress legalized in 2018.